How does the E uropean G reen D eal affect the disclosure of environmental information?

Isabel Sánchez, Esther Ortiz Martínez, Salvador Marín‐Hernández, Beatriz Aibar Guzmán

2023-05-03articleCorporate Social Responsibility and Environmental Management53 citationshybrid

No readable copy stored yet — this record is metadata only.

Corporate Social Responsibility Reporting Governance, Compliance, and Sustainability Financial Reporting and XBRL

Abstract

Abstract The European Union has made the fight against climate change and the achievement of a sustainable economy political priorities. To promote the ecological transition of companies and corporate transparency, a broad regulatory framework has been developed. This paper analyses the effect of institutional pressures derived from this regulatory framework on the environmental information disclosed by 832 multinationals in the period 2011–2020. The results reveal a positive global effect, although, at an individual level, this effect is only maintained for the regulations and recommendations related to non‐financial information and the European Green Deal. Furthermore, the impact differs depending on the category of environmental information disclosed.

Citations in this library

Stored only when both papers are in the corpus — 53 citations exist upstream.

References

1983The Iron Cage Revisited: Institutional Isomorphism and Collective Rationality in Organizational Fields

1977Institutionalized Organizations: Formal Structure as Myth and Ceremony

1991Strategic Responses to Institutional Processes

2002Normative Power Europe: A Contradiction in Terms?

1996Institutions and Organizations.

2019The Consequences of Mandatory Corporate Sustainability Reporting

2020Real Effects of a Widespread CSR Reporting Mandate: Evidence from the European Union's CSR Directive

2015Assessing the quality of corporate social responsibility reports: the case of reporting practices in selected European Union member states